The World Bank has made the second repayment of bonds issued under an innovative pilot program that uses auctions and price guarantees, delivered in the form of bonds, to promote private sector investment in climate action.
Alessandra Sollberger, 29, first invested in Bitcoin in 2012 when each was worth about $9. She had been reading about it on tech blogs.
Bitcoin crossed $14,000 (£10,460; €11,870) on Thursday, surging $2,000 in less than 24 hours.
Barclays Africa Group Limited and China Development Bank have signed an MoU aimed at strengthening cooperation and exploring opportunities to fund development projects in Africa.
Africa’s largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) – announced that on January 1, 2018, it will begin accepting applications for the 4th cycle of its entrepreneurship development programme, from outstanding African entrepreneurs who have start-up or business ideas with high growth potential.
Senior Minister, Yaw Osafo Marfo has called on the Ghana Investments Promotion Centre to consider reviewing the criteria that is used to select companies into the Ghana Club 100 rankings. He said the current criteria only favours the banks.
Rebecca Akufo-Addo has assured Chinese investors that their investments in Ghana will always be safe.
From January to September 2017, China was the leading source of investments in terms of project numbers in Ghana. It registered 25 projects.
Digital innovation in Sub-Saharan Africa is being driven by the explosion in mobile phone usage, enabling African consumers to leapfrog existing business models and technologies, according to a research by the Ecobank Group.
International Finance Corporation (IFC), a member of the World Bank Group, co-hosts the Africa CEO Forum to stimulate private investment on the African continent.
Deputy Minister of Trade and Industry, Robert Ahomka-Lindsay has called on African leaders to create a single continental market as a means of promoting inter-regional trade among businesses within the African region.
Ghana and Egypt hold business forum to strengthen the mutual cooperation between the two countries through the promotion of trade and investment.
Deputy Minister of Energy Dr. Mohammed Amin Adam is leading a Ghanaian delegation to the 2017 Oil Trading and Logistics conference in Lagos, Nigeria.
Tony Elumelu Foundation (TEF) has selected 23 Ghanaian entrepreneurs to benefit from the mentorship programme of the TEF for this year.
In an age of austerity in mature economies and slower growth in many of the world’s emerging markets, China’s importance as an international investor is greater than ever before.
Ghana in collaboration with some development partners have initiated plans to protect and improve the local fisheries sector - ultimately to the benefit of the economy.
Agriculture can power the economic transformation of African countries, according to a new report from the Ghana-based African Centre Economic Transformation (ACET), founded by former Executive Secretary of the UN Economic Commission for Africa, K.Y. Amoako.
Public Interest and Accountability Committee, PIAC has called for a forensic audit of all state projects that were funded by revenues from the oil and gas production.
Businesses are waking up to the opportunities presented by a rapidly-growing food market in Africa, that may be worth more than US$1tn each year by 2030 as imports are substituted with high-value locally-produced food.
Inflation rate for August 2017 increased to 12.3 percent from 11.9 percent recorded in July, 2017 according to the latest figures released by the Ghana Statistical Service.
Millennium Development Authority is inching closer to settling on a new “owner” for the Electricity Company of Ghana under its concessionaire arrangement.
The hospitality sector in Africa’s emerging markets looks set to profit from foreign investment and an influx of foreign travellers.
Government’s ongoing effort to improve the rail sector has been boosted by a $10 million agreement between Ghana Manganese Company and the Ghana Railway Company.
Kumasi City Mall and the Accra Financial Centre were among winners at the Africa Property Investment Awards 2017 in Johannesburg.
Residence of Ekumfi in the Central region are set for the launch of the government’s ‘One District One Factory’ flagship project.
Government is being challenged to make funding more accessible for SME’s to enable small businesses make substantial contributions to development.
Ekumfi Pineapple Processing Factory, the first factory to be constructed under the government’s ‘One District One Factory’ project is expected to employ over 5000 people when completed by mid-2018.
Government is seeking to attract an estimate of $10 billion, after considering cost of track and associate infrastructure, to revamp Ghana’s dilapidated rail system and also create an economic corridor along the rail line.
Ghana Revenue Authority (GRA) through its revenue mobilization task force embarked on a national exercise aimed at prosecuting all business entities who fail to issue tax invoices to clients.
The agenda to attract educated young people into farming “has to focus on the challenges that discourage them from farming,” according to a report by African Center for Economic Transformation (ACET).
Ghana Investment Promotion Center (GIPC) on Tuesday held a forum for young entrepreneurs to throw more light on how the Centre works with entrepreneurs.
Netherlands embassy in Ghana revealed plans to invest in Ghana's entrepreneurial sector as part of efforts to help fight the menace of unemployment.
The new Kotoka International Airport’s (KIA) terminal 3 project is on course for completion in May next year.
Government paid out about GH₵54million as refund to businesses under the new tax exemption policy as at June this year.
Director of the United Nations University, Elias Ayuk, said governments’ play a huge role in sensitizing citizens as to what changes must be made to curb the effects of climate change.
The Appolonia city development will build 100 homes through a partnership with the country’s leading mortgage provider, Ghana Home Loans.
SEYCONTECH LLC, a United States- based manufacturing technology solution provider, says it is working to help solve the bottlenecks in the manufacturing sectors of African countries.
Alibaba founder and executive chairman Jack Ma has announced the creation of a $10 million African Young Entrepreneurs Fund.
The Ghana Investment Promotion Center (GIPC), has launched 16th edition of the Ghana Club 100 Awards with the main aim of strengthening Small and Medium Enterprises and Industries (SMEIs) with the needed tools to remain relevant on the world market.
The Ghana Standards Authority and Invest in Africa have signed a joint Memorandum of Understanding (MOU) that is aimed at making Ghanaian businesses, especially SMEs, become more competitive globally through improved quality and access to financial and technical support.
The inaugural edition of the Africa Data Revolution Report (ADRR 2016) will be launched on 19 July in Accra, Ghana, as part of activities marking the 2nd Africa Open Data Conference, which will take place from July 17 – 21, 2017.
As part of the long term measures to increase investment potentials in the country, Chief Executive of the GIPC, Yofi Grant has hinted plans to transform the Centre into an Economic Development Board.
China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth of data. A new report by McKinsey Africa finds that its involvement is bigger and more multifaceted than previous studies suggest.
Minister of Railway Development, Joe Ghartey has hinted government is likely to choose a local contractor for the construction of the Kumasi-Paga railway line.
The International Fund for Agricultural Development (IFAD) has sought the African Development Bank’s (AfDB’s) financial support to implement the Northern Rural Growth Programme (NRGP) in Ghana at a total cost of US$ 92.79 million.
Vice-President Dr. Mahamudu Bawumia has outlined infrastructural projects government intends to use $15billion cash expected from China.
Finance Minister, Ken Ofori-Atta says government is strongly considering issuing diaspora bonds to raise cheaper funds in a bid to tap into the wealth of Ghanaian emigrants.
The Ghana Investment Promotion Center (GIPC) has, in the first quarter (Q1) of this year alone, registered more than US$3billion worth of projects.
Investments in Infrastructure, a growing housing deficit and rapid urban growth is setting a tone for a burgeoning construction industry in Ghana.
The Ghana Investment Promotion Center, GIPC, has indicated plans to set up agencies across the various regions.
The Ghana Chamber of Commerce and Industry has welcomed government’s plans to disburse 50 million dollar stimulus package for selected distressed companies this month.